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The new restaurant was made to have a modern ambiance. McDermott sold Sushi on Shea in 2002 to focus on expanding Kona Grill. [8] Kona Grill went public on August 16, 2005, with an initial public offering of $11 per share on the NASDAQ. The company raised $28.8 million and grew its restaurant base to 9 locations by December 31, 2005. [9] [10]
Arizona-based grill and sushi chain Kona Grill recently announced a new menu for the upcoming season featuring three 115-calorie cocktails and three 200-calorie ... Arizona-based grill and sushi ...
Sushi on Shea was sold in 2002 so efforts could be focused on growing Kona Grill. [3] Kona Grill went public on August 16, 2005 with an IPO of 2,875,000 shares at a cost of $11 per share. The company raised $28.8 million and grew its restaurant base to 9 locations by December 31, 2005. [4] [5] By 2014, Kona Grill had grown to 26 restaurants in ...
Menu costs are the costs incurred by the business when it changes the prices it offers customers. A typical example is a restaurant that has to reprint the new menu when it needs to change the prices of its in-store goods. So, menu costs are one factor that can contribute to nominal rigidity. Firms are faced with the decision to alter prices ...
The results showed that Kona struggled during the first few months of 2024 as guest traffic dropped by 14% and same-store sales decreased by 9.7%.RELATED: 10 Restaurant Chains Tha
Monday will likely be the coldest day of the season so far for Dallas with the high temperature only climbing a few degrees above freezing. It’ll also be Chicago’s coldest day of the year with ...